368
368
Sep 12, 2012
09/12
by
CNBC
tv
eye 368
favorite 0
quote 2
we'll talk to michael kors, honorary chairman of michael kors during fashion week, talk about insider selling and the incredible performance of that stock. [ engine revving ] ♪ [ male announcer ] every car we build must make adrenaline pump and pulses quicken. ♪ to help you not just to stay alive... but feel alive. the new c class is no exception. it's a mercedes-benz through and through. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial services. oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm glad we're both running a nice, clean race. no need to get nasty. here's your "honk if you had an affair with taylor" yard sign. looks good. [ male announcer ] fedex office. now save 50% on banners. >>> welcome back to "squawk on the street." july wholesale inventories expected to
we'll talk to michael kors, honorary chairman of michael kors during fashion week, talk about insider selling and the incredible performance of that stock. [ engine revving ] ♪ [ male announcer ] every car we build must make adrenaline pump and pulses quicken. ♪ to help you not just to stay alive... but feel alive. the new c class is no exception. it's a mercedes-benz through and through. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial...
64
64
Sep 20, 2012
09/12
by
CNBC
tv
eye 64
favorite 0
quote 0
>> josh is talking about michael kors. >> that's michael by michael kors and that's a lower line. >> woo! michael by michael. >> i thoiink i bought it on the street on my way down. wow. here i was showing my -- >> you showed the label. you walked right into that door. >> i did. i bought it outside the studio. >> plus the point he would normally be buying another brand but he's buying michael kors. forget about how much is being fed on luxury. >> michael by michael. >> that's the beauty of michael. they have different price points and they still convey luxury. you feel luxurious wearing that michael by michael -- >> i obviously felt so luxurious i stepped forward and showed my kind of cheap version of it. >> we'll continue tracking the move in kors in the after-hours session. >>> next, one of the biggest break-out stories that virtually nobody is talking about. we are changing that tonight when we come back. we'll reveal what it is and tell if you there is still time to get in on the trade. much more "fast" straight ahead. e in charge of their own future. how they'll live tomorrow. fo
>> josh is talking about michael kors. >> that's michael by michael kors and that's a lower line. >> woo! michael by michael. >> i thoiink i bought it on the street on my way down. wow. here i was showing my -- >> you showed the label. you walked right into that door. >> i did. i bought it outside the studio. >> plus the point he would normally be buying another brand but he's buying michael kors. forget about how much is being fed on luxury. >>...
310
310
Sep 10, 2012
09/12
by
CNBC
tv
eye 310
favorite 0
quote 0
with the stock now at $53 and change, michael kors is almost too sexy for himself. almost. and the latest accessory is handbags. the company beat estimates off 14 cents off a 20 cent basis. that's one of the best beats we've had this year. northern same-store sales increased by 24.2%! even better, kors gave up side guidance for the rest of the year, has consistently generated blowout numbers. some of this is because the company has been rolling out retail stores but mostly because kors keeps nailing the fashion. the stock got dinged today, filing more than $2. given how strong the sales and earnings are, i am urging you to buy the stock on the deal. if you can't get in, buy it on the open market. it's a terrific entry point and a truly terrific stock knocked down because of selling that i'm not worried about. >> the next fashionista on our catwalk, this one might come up as a surprise. it's gap! yes, but not gap. the symbol is gps. after spending years in the wilderness ware, gap and its other two concepts, old navy and banana republic were regarded as the antithesis of fas
with the stock now at $53 and change, michael kors is almost too sexy for himself. almost. and the latest accessory is handbags. the company beat estimates off 14 cents off a 20 cent basis. that's one of the best beats we've had this year. northern same-store sales increased by 24.2%! even better, kors gave up side guidance for the rest of the year, has consistently generated blowout numbers. some of this is because the company has been rolling out retail stores but mostly because kors keeps...
61
61
Sep 21, 2012
09/12
by
CNBC
tv
eye 61
favorite 0
quote 0
can't get much hotter for michael kors. the stock's more than doubled year to date. zplin kr >> incredibly resilient. >> are they good? >> very nice products. not at the high en, but not at the bottom end. good stuff. >>> expedia spiking on some positive analyst talk, deutsche bank upgrading from hold to buy. cantor fitzgerald with a buy on a $64 target. expedia, like michael kors, another stock that's doubled year to date. >>> two stocks. the ticker is halo, and also viro farmer getting a heavenly boost today. >> i got to admit, i don't understand the story at all. i don't understand the drug behind this story. the release was filled with all kind of very big word. here's what inthough. both stocks are rising. the fda lifting a temporary hold on -- they have a drug they are combining, they're working on together. there was a hold. that hold was lifted. it is a condition basically similar to hives. very, very awful, itchy thing. both viro pharma and halozyne therapeutics -- >> if you're a doctor, be a dermatologist. they go away but they keep on coming back. >>> what
can't get much hotter for michael kors. the stock's more than doubled year to date. zplin kr >> incredibly resilient. >> are they good? >> very nice products. not at the high en, but not at the bottom end. good stuff. >>> expedia spiking on some positive analyst talk, deutsche bank upgrading from hold to buy. cantor fitzgerald with a buy on a $64 target. expedia, like michael kors, another stock that's doubled year to date. >>> two stocks. the ticker is halo,...
323
323
Sep 26, 2012
09/12
by
KTVU
tv
eye 323
favorite 0
quote 0
> > no, i do like michael kors. the ipo came out at $53, which was a little bit below what the expectation was. we saw it trade up to almost $57 a few days ago, because that's where it was initially priced. but michael kors has now become the superstar of high-end retail. people don't talk about tiffany, people are not talking about ralph lauren, people are talking about michael kors. it's now the leader. i think they have an unbelievable business plan. their guidance going forward is great. i would be a buyer. > > good to have you on the show. that's scott bauer of trading advantage. > > thanks angie. in our cover story, since the first wave of apple faithful camped out for the newest iphone last week, there have been reports of flaws or features in some of the more than five million phones sold already that may need your attention to upgrade, even though you just paid up to $400 for the phone. to a lot of people, apple is a consumer electronics religion. and a lot of them bought the newest iphone on faith. "i'm em
> > no, i do like michael kors. the ipo came out at $53, which was a little bit below what the expectation was. we saw it trade up to almost $57 a few days ago, because that's where it was initially priced. but michael kors has now become the superstar of high-end retail. people don't talk about tiffany, people are not talking about ralph lauren, people are talking about michael kors. it's now the leader. i think they have an unbelievable business plan. their guidance going forward is...
177
177
Sep 22, 2012
09/12
by
CNBC
tv
eye 177
favorite 0
quote 0
>> caller: we've been holders of michael kors since may. is michael kors is buy, sell or hold? >> this remarkable stock, it's up four. i don't recommend stocks up four. the stock tends to go down on mondays. it's doing remarkably well. it's got the best comp stores in the world. i'm a buyer, not a seller. but remember, it trades weirdly so wait for a dip. let's go to andrew in florida. andrew? >> caller: hey, professor cramer, ba-ba-boo-yah! >> thank you, sunshine. what is going on? >> caller: a quick question about leapfrog, ls. a 52-week high of 1228. they introduced their first wifi tablet for children, but leapfrog just announced that leappad 2 selected as one of the top picks on the toys r us fabulous christmas list. i have a large holding. what do i do, buy, sell or hold? >> it's just a hold. i'm worried about the whole toy complex. we've got a lot of negative writing this week about hasbro and mattel. it just seemed like the back to school toy play isn't working. i would be a little more concerned if i were you. i need to go to harold right now in illinois. harold? hey,
>> caller: we've been holders of michael kors since may. is michael kors is buy, sell or hold? >> this remarkable stock, it's up four. i don't recommend stocks up four. the stock tends to go down on mondays. it's doing remarkably well. it's got the best comp stores in the world. i'm a buyer, not a seller. but remember, it trades weirdly so wait for a dip. let's go to andrew in florida. andrew? >> caller: hey, professor cramer, ba-ba-boo-yah! >> thank you, sunshine. what...
245
245
Sep 30, 2012
09/12
by
FBC
tv
eye 245
favorite 0
quote 0
i think stocks like michael kors are risky. >> i spend more at michael kors than my tailor. >> all right. >> what have you got? >> i first bought joy in 1962 when knives s high school. it moves a lot -- a lot of fit's work is moving around coal in various forms. i don't think that's a booming business right now. >> so you like the concept maybe at the beginning, but -- >> i liked it in 1962. >> i'm only 50 years late on this one. >> neil: but you're younger too. here's david. >> you knew this was coming, incomes falling gen. a new report showing the median household income heading south last month. now down more than 8% since president obama took office. now governor romney is out saying his plan to overhaul our massive tax code will put more money back in your pocket, but will it work? hi, everybody. welcome to "forbes on fox."
i think stocks like michael kors are risky. >> i spend more at michael kors than my tailor. >> all right. >> what have you got? >> i first bought joy in 1962 when knives s high school. it moves a lot -- a lot of fit's work is moving around coal in various forms. i don't think that's a booming business right now. >> so you like the concept maybe at the beginning, but -- >> i liked it in 1962. >> i'm only 50 years late on this one. >> neil: but...
171
171
Sep 30, 2012
09/12
by
FBC
tv
eye 171
favorite 0
quote 0
i think stocks like michael kors are risky. >> i spend more at michael kors than my tailor. >> all right. >> what have you got? >> i first bought joy in 1962 when knives high school. it moves a lot -- a lot of fit's
i think stocks like michael kors are risky. >> i spend more at michael kors than my tailor. >> all right. >> what have you got? >> i first bought joy in 1962 when knives high school. it moves a lot -- a lot of fit's
220
220
Sep 26, 2012
09/12
by
CNBC
tv
eye 220
favorite 0
quote 0
i'm thinking of michael kors at the moment. i'm thinking of the gap. you make serious money on just getting what peel want to buy. that color, for example. how ridiculous was that? >> i first of all would disagree on best buy. not a fan. i still think they have serious issues ahead and a new ceo who's testing the waters here. but i think that's true, simon. we've seen new concepts. we've seen lulu, as you just mentioned, which the consumer wants. they have yoga classes in the stores, which brings you in. we have michael kors. the accessories business is doing extremely well. there are certainly retailers out there that are doing it right and have the right product and therefore the consumers will come in. >> we have to end it there, but i just want to ask you, as michael kors is selling so much of his own stock, is that a significa signal that now is a good time to sell it too? >> michael kors' business, they just announced that earnings will be better than expected. their comps are incredible. so it's hard to say that the business is slowing down. yes
i'm thinking of michael kors at the moment. i'm thinking of the gap. you make serious money on just getting what peel want to buy. that color, for example. how ridiculous was that? >> i first of all would disagree on best buy. not a fan. i still think they have serious issues ahead and a new ceo who's testing the waters here. but i think that's true, simon. we've seen new concepts. we've seen lulu, as you just mentioned, which the consumer wants. they have yoga classes in the stores,...
214
214
Sep 11, 2012
09/12
by
CNBC
tv
eye 214
favorite 0
quote 0
we're a buyer of michael kors right here. >> even at the higher levels. interesting. dana, what would you do? >> i'd be a buyer too. when you look at how these companies grow, they're expa expanding their product line. they have good initial product. chanel opening more retail stores. they have more opportunity globally. >> d.a. narks rich, good to see you both. thank you your thoughts today on michael kors. >> bill, 30 minutes before the closing bell sounds for the day. we have a rally under way. it is off the best levels. dow up 67 points. former nyc ceo does not think too highly of the facebook ipo. listen to this. >> the brand is broken. the credibility of this company is going to be in question for a long, long time. >> can facebook ceo mark zuckerberg say anything to restore investor confidence when he makes his first on-stage appearance since the ipo in may today? don't forget, we'll have complete coverage of zuckerberg's speech tonight on fa"fast money." that's after the "closing bell." >>> apple shares up more than 60% in 2012. sweet return, but should you do
we're a buyer of michael kors right here. >> even at the higher levels. interesting. dana, what would you do? >> i'd be a buyer too. when you look at how these companies grow, they're expa expanding their product line. they have good initial product. chanel opening more retail stores. they have more opportunity globally. >> d.a. narks rich, good to see you both. thank you your thoughts today on michael kors. >> bill, 30 minutes before the closing bell sounds for the day....
72
72
Sep 11, 2012
09/12
by
CNBC
tv
eye 72
favorite 0
quote 1
i agree with guy on michael kors. you're talking about a young company that has a lot of growth ahead of it in terms of stores. so that's a separate issue that you really can't lock in. but tiffany, coach, all of those justified to be down. >> murphy, is it justified? cramer had a great riff this morning on "squawk on the street" on this. you talk about the pricing of burberry products. they're expensive as heck. fashion mix is questionable. is this a burberry story or i do need to worry about tiffany and coach because of what burberry said? >> i think the market is telling you that you can have winners. you look at lulu lemon. they have taken off here in the last couple of weeks. i think that's one name you could look at as a short here. i think the stock extended itself. no, this is a company like kors can work in the face of burberry not working. i think this is company specific. do your home work and can you find winners. >> if you're a stock picker then in the luxury environment, what do you pick? >> well, i sent
i agree with guy on michael kors. you're talking about a young company that has a lot of growth ahead of it in terms of stores. so that's a separate issue that you really can't lock in. but tiffany, coach, all of those justified to be down. >> murphy, is it justified? cramer had a great riff this morning on "squawk on the street" on this. you talk about the pricing of burberry products. they're expensive as heck. fashion mix is questionable. is this a burberry story or i do need...
210
210
Sep 11, 2012
09/12
by
CNBC
tv
eye 210
favorite 0
quote 0
the comp store sales numbers as good as michael kors? no, but i think five below being thrown out simply because they did a much better than expected number is shortsighted, i like it. >> all right. we'll talk about a lot more names after this short break. >> thank you. >> by the way, tomorrow on "squawk on the street," an interview with the man whose name is behind a red hot company, fashion designer, michael kors will join us. we'll be right back. >>> all right. welcome back. at the top of the show we mentioned moody's. as part of an update on the u.s. government debt rating by which we share some of the headlines and come back at the top of the hour. in moody's saying that its negotiations specifically about the u.s. government's budget produced a stabilization and then a downward trend in the ratio of federal debt to gdp over the medium term, the rating will likely be affirmed and the outlook returned to stable. remember, of course, right now moody's has it on a negative outlook, that is, for the u.s. government. they also go on to s
the comp store sales numbers as good as michael kors? no, but i think five below being thrown out simply because they did a much better than expected number is shortsighted, i like it. >> all right. we'll talk about a lot more names after this short break. >> thank you. >> by the way, tomorrow on "squawk on the street," an interview with the man whose name is behind a red hot company, fashion designer, michael kors will join us. we'll be right back. >>> all...
238
238
Sep 25, 2012
09/12
by
CNBC
tv
eye 238
favorite 0
quote 0
. >> and payday for michael kors who stands to make $200 million. he remains long in the shares of this long-flying ipo. >>> caterpillar is cutting the earnings forecast and seeing a bigger drop in demand for earth moving equipment because of weaker commodity prices. they say economic growth is slowing more than the company had expected, but jim, it is for 2015. this morning you're looking at analysts viewing this in different ways. >> right. i think there's a lot of people, carl, who were saying, of course, hey, it is obviously the world is slowing. a lot of people say, look, what they're really doing is saying even in this environment we're going to make far more money than we have in the previous downturns if we get it at $6 in earnings, which is well below what they think they can earn. we'll still pay the dividend. i come back and say the acquisition, which they made and a lot of people were critical of, is working. that the synergies are working. that the costs taken out in regards to manufacturing, look, the world is slowing but it is not a d
. >> and payday for michael kors who stands to make $200 million. he remains long in the shares of this long-flying ipo. >>> caterpillar is cutting the earnings forecast and seeing a bigger drop in demand for earth moving equipment because of weaker commodity prices. they say economic growth is slowing more than the company had expected, but jim, it is for 2015. this morning you're looking at analysts viewing this in different ways. >> right. i think there's a lot of...
119
119
Sep 25, 2012
09/12
by
FBC
tv
eye 119
favorite 0
quote 0
the bigger picture is that michael kors continues to do very well. you do see a down arrow today of 4%. secondary offering goes well. let's back it up and talk about the fact that year to date the stock is up 92%. each time that they initiate with more shares, they're getting them out there, there's still demand there, and what we're seeing is the founder and namesake, michael kors, continues to make millions out of this process. so on monday evening b the company placed its second public offering of shares and up 165% from the ipo price. so they continue to do so well, and we get their sales numbers, and they continue to grow. david: all right, nicole, thank you very much. well, this was the story. if there's any one issue that led to that gain in the dow leading to a triple-point loss, it was the fed's divisions between the monetary hawks and doves which got a little sharper today with another fed president speaking out against the latest round of easing. liz: to fox business, our very own peter barnes sat down with philadelphia federal reserve pre
the bigger picture is that michael kors continues to do very well. you do see a down arrow today of 4%. secondary offering goes well. let's back it up and talk about the fact that year to date the stock is up 92%. each time that they initiate with more shares, they're getting them out there, there's still demand there, and what we're seeing is the founder and namesake, michael kors, continues to make millions out of this process. so on monday evening b the company placed its second public...
175
175
Sep 15, 2012
09/12
by
CNBC
tv
eye 175
favorite 0
quote 0
. ♪ michael kors. kors is almost too sexy for itself. the next fashionista on our catwalk, it's gap. ♪ ♪ gucci, fendi >> phenomenal. how about nordstrom's. fourth, we've got urban outfitters. ♪ and our final fashionista, lululemon. ♪ [ laughter ] >> loved it, right? loved it. >>> back to school season is very much upon us. that means before we answer your tweets and e-mails, you got to do some homework. so let's get at it. here is what i am handing in a little late. we took some time off. it's august 15th. todd from north carolina asked about us stonemor partners, stom. there are only two things certain in this country, death and taxes and stonemor is available in both. everything from burials, caskets, crypts, vaults. the unique thing about stonemor is the only death company structured as a mastered limited partnership. so its distributions have favored tax status. when you see a yield that high, it suggests the dividend might not be sustainable. and last year there were a couple of quarters where the company didn't make enough
. ♪ michael kors. kors is almost too sexy for itself. the next fashionista on our catwalk, it's gap. ♪ ♪ gucci, fendi >> phenomenal. how about nordstrom's. fourth, we've got urban outfitters. ♪ and our final fashionista, lululemon. ♪ [ laughter ] >> loved it, right? loved it. >>> back to school season is very much upon us. that means before we answer your tweets and e-mails, you got to do some homework. so let's get at it. here is what i am handing in a little...
36
36
Sep 21, 2012
09/12
by
CNBC
tv
eye 36
favorite 0
quote 0
. >> you love this story, michael kors popping 6%. >> estimates were 30%. other side is coach which is now giving 25% discounts to department stores. stay with the quality, stay away from the fat. huge growth ahead of them. too expensive for me still. >> dr. j gave a shout out to clarence otis at darden. >> 85 cents versus what the street was expecting, which is 83. stay on the stock for the long side. >> pop for the woz. if you think it is crazy to wait in line for the iphone 5, apple co-founder steve wozniak flew all the way to australia and waited in line overnight to be among the first on earth to own the new phone. i'm sure he didn't even have to wait. wozniak sprung for two iphones, one black, one white, saying they were both so beautiful he couldn't decide. i'm sure he didn't have to wait to get his hand on the phone if he really wanted to. >> that's almost two days on a plane. >> i drove 12 minutes to get mine. >> he's got to get a hobby. >> it is. he's making millions. >>> we're in the midst of this melt up, another good day for the markets. all th
. >> you love this story, michael kors popping 6%. >> estimates were 30%. other side is coach which is now giving 25% discounts to department stores. stay with the quality, stay away from the fat. huge growth ahead of them. too expensive for me still. >> dr. j gave a shout out to clarence otis at darden. >> 85 cents versus what the street was expecting, which is 83. stay on the stock for the long side. >> pop for the woz. if you think it is crazy to wait in line...
251
251
Sep 14, 2012
09/12
by
CNBC
tv
eye 251
favorite 0
quote 0
. ♪ michael kors. kors is almost too sexy for itself. the next fashionista on our catwalk, it's gap. ♪ ♪ gucci, fendi >> phenomenal. how about nordstrom's. fourth, we've got urban outfitters. ♪ and our final fashionista, lululemon. ♪ [ laughter ] >> loved it, right? loved it. like in a special ops mission? you'd spot movement, gather intelligence with minimal collateral damage. but rather than neutralizing enemies in their sleep, you'd be targeting stocks to trade. well, that's what trade architect's heat maps do. they make you a trading assassin. trade architect. td ameritrade's empowering web-based trading platform. trade commission-free for 60 days, and we'll throw in up to $600 when you open an account. this country was built by working people. the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement
. ♪ michael kors. kors is almost too sexy for itself. the next fashionista on our catwalk, it's gap. ♪ ♪ gucci, fendi >> phenomenal. how about nordstrom's. fourth, we've got urban outfitters. ♪ and our final fashionista, lululemon. ♪ [ laughter ] >> loved it, right? loved it. like in a special ops mission? you'd spot movement, gather intelligence with minimal collateral damage. but rather than neutralizing enemies in their sleep, you'd be targeting stocks to trade. well,...
221
221
Sep 10, 2012
09/12
by
CNBC
tv
eye 221
favorite 0
quote 0
. >> speaking of shares hitting the markets, michael kors announcing that some shareholders will sell about 20 million shares in the company's stock, about 10% of the shares outstanding. this transpired friday afternoon after the close. we are seeing the reaction today. what a run. down 4.4% is a drop in the bucket when you consider the run it's had since it ipo'd here on the new york stock exchange. >> you interviewed michael kors. he's still involved in designing? >> he is. what's so unique about him is he worked on the floor of retail. he worked the floor. he knows what sales. he has a real handle on what the margins are on any product he designs. from the drawing board, you know what the margins are likely going to be. >> tommy hilfiger still intimately involved in the design. >> has a good sense for what will sell and what won't. >> 14% same-store sales. >> j. crew has had a very sharp increase in sales. >> titan machinery is an interesting one. it is down by 16.5%, a smaller market cap, $500 million in market cap. but they missed when they cut their full-year estimates and they
. >> speaking of shares hitting the markets, michael kors announcing that some shareholders will sell about 20 million shares in the company's stock, about 10% of the shares outstanding. this transpired friday afternoon after the close. we are seeing the reaction today. what a run. down 4.4% is a drop in the bucket when you consider the run it's had since it ipo'd here on the new york stock exchange. >> you interviewed michael kors. he's still involved in designing? >> he is....
115
115
Sep 21, 2012
09/12
by
FBC
tv
eye 115
favorite 0
quote 0
let's look at some retailers looking coach and michael kors as they're make news. michael kors, second quarter guidance and full-year guidance looking good, raising the numbers. you can see the stock right now is up 5.4% for michael kors. that is doing exceptionally well. we're looking at coach. coach has been doing so well but they're pulling back. they're launching a broad based promotion in some of their department stores, over the weekend some of the department stores. a lot of retailers, especially luxury retailers are to the downside. coach is down 4%. tiffany's macy's nordstrom, burberry are to the downside. there are retailers doing well but those are ones coming under pressure but great day for kors. year-to-date is up 103%. lori: ask you to go shopping just hearing names. one day. thank you. >>> all right. a staggering statistic for you 85% of small business owners believe the economy could experience another downturn. what is behind the gloom hanging over small businesses? jerome buyers, head of citibank small business exclusively with this reading on sm
let's look at some retailers looking coach and michael kors as they're make news. michael kors, second quarter guidance and full-year guidance looking good, raising the numbers. you can see the stock right now is up 5.4% for michael kors. that is doing exceptionally well. we're looking at coach. coach has been doing so well but they're pulling back. they're launching a broad based promotion in some of their department stores, over the weekend some of the department stores. a lot of retailers,...
178
178
Sep 10, 2012
09/12
by
FBC
tv
eye 178
favorite 0
quote 0
michael kors is a real loser today. why? nicole: they have the right when the lockup expires and they can then sell. well, they are selling. shareholders are selling off. some of the managers selling off. you can see it is down about 3% right now. it is about 20 million shares. this is what was estimated. 10% of all the outstanding shares. it went public back in december 2011. it did well. it is up over 100% this year. charles: michael kors has been a grand slam. this is not necessarily a man bites dog. apple and google hitting highs again. nicole: you love tech. both apple and google are heading new highs. apple at an all time high. we are waiting on the new iphone five, of course. google with their android operating system doing so well. charles: nicole, thank you so much. making the government now a minority shareholder. is the judge happy about this? that is right, he is back. we missed him so much. especially his last. [laughter] [laughter] charles: the dow jones industrial average down 16 points. government cannot agre
michael kors is a real loser today. why? nicole: they have the right when the lockup expires and they can then sell. well, they are selling. shareholders are selling off. some of the managers selling off. you can see it is down about 3% right now. it is about 20 million shares. this is what was estimated. 10% of all the outstanding shares. it went public back in december 2011. it did well. it is up over 100% this year. charles: michael kors has been a grand slam. this is not necessarily a man...
264
264
Sep 21, 2012
09/12
by
CNBC
tv
eye 264
favorite 0
quote 0
shares of michael kors, banking on a strong global says outlook and raises expected earnings. shares of oracle is seeing software growth but the company says hardware sales are expected to drop further after tumbling 24% from a year ago. oracle is trying to turn around its sun computer division and tighten up its technology budget. you know what? i think that's rain. somebody said the weather crawler is showing snow in miami. i think that's rain but we'll take a look at it. >> and the nationals clinched, too, we said only the reds did. >> nationals did, too. the nets not so good. >> let's talk about ray dalio. i got a chance to sit down in a rare interview with the world's biggest hedge fund ray dalio, founder and chief investment officer of bridgewater associates. one of the many topics we covered was the possibility of a significant downturn in the united states economy. >> so if you have a downturn, there's a possibility that you don't have that right mix and that you could have a downturn. the odds of that are comparatively low but i worry about it because it's significant
shares of michael kors, banking on a strong global says outlook and raises expected earnings. shares of oracle is seeing software growth but the company says hardware sales are expected to drop further after tumbling 24% from a year ago. oracle is trying to turn around its sun computer division and tighten up its technology budget. you know what? i think that's rain. somebody said the weather crawler is showing snow in miami. i think that's rain but we'll take a look at it. >> and the...
169
169
Sep 10, 2012
09/12
by
FBC
tv
eye 169
favorite 0
quote 0
look at a retailers, totally different, michael kors. not harley retail. michael kors talking about certain shareholders even some of the management now, some members of management will tend to sell about 23 million shares of this retailer in the secondary offering. you see the stock right now, right when you have a secondary ito/ dilutes the shares. so shareholders don't love that but that's what happens. it is down 4.25%. you remember this ipo back in december of 2011. the stock is up more than 100% this year. their outlook going forward for north america and europe is going good for the double-digit sales growth they expect in same-store sales. apparel, watches, all kinds of things they're doing pretty well. yeah, that's what we're looking forward to. 4.3% to the downside. ashley: just slightly lower. main we get it back up to normal by the time we're finished. nicole, thank you very much. we'll check back in with you in 15 minutes. >>> coming up when a company spins off a business which stock is the better business? that is good question. credit suisse
look at a retailers, totally different, michael kors. not harley retail. michael kors talking about certain shareholders even some of the management now, some members of management will tend to sell about 23 million shares of this retailer in the secondary offering. you see the stock right now, right when you have a secondary ito/ dilutes the shares. so shareholders don't love that but that's what happens. it is down 4.25%. you remember this ipo back in december of 2011. the stock is up more...
129
129
Sep 10, 2012
09/12
by
FBC
tv
eye 129
favorite 0
quote 0
michael kors has done particularly well, up over 100% year to date. when you think of michael kors you think of apparel watches and accessories. they have done really well. they have easily surpassed analyst expectations for quarterly numbers. then gave outlook for same-store sales growth for north america and europe that looked pretty good. the stock today down about 4%. back to you. connell: you mentioned europe, the breaking news this hour is that the european markets are closing up for the day. none other than ashley webster recently back from yet another trip to europe. ashley: some profit taking more problems in greece even a fall in chinese imports all combining to create a less than really positive session this monday in europe. let's take a look at the closing bell. the ftse was meandering all day, finishing just slightly lower at the closing bell. the cac was down about quarter of a percent. essentially flat also on the dax in frankfurt. after getting a boost from last week's announcement by the ecb for unlimited bond purchases yes, europe f
michael kors has done particularly well, up over 100% year to date. when you think of michael kors you think of apparel watches and accessories. they have done really well. they have easily surpassed analyst expectations for quarterly numbers. then gave outlook for same-store sales growth for north america and europe that looked pretty good. the stock today down about 4%. back to you. connell: you mentioned europe, the breaking news this hour is that the european markets are closing up for the...
857
857
Sep 20, 2012
09/12
by
WRC
tv
eye 857
favorite 0
quote 0
second, diane von furstenberg, michael kors and kate spade are all great designers to have in your closet and with this six- piece leather accessories package you can have them all. we've included four wallets, one off-white handbag with side pockets and another bag in hot pink. and finally, this luxury-q outdoor barbecue island from bull features a stainless steel four-burner grill, refrigerator and umbrella as well as a stucco rock base and two-tone tile counter top. from bull outdoor products, changing the way you barbecue. >> drew: okay, we're playing a game called most expensive, that's the name of the game. hi, amber, how are you doing? >> hi, drew, i'm doing good. >> drew: we have manuela which the hand bags, and the barbecue island by rachel. which is the most expensive one? ( audience yelling suggestions ) >> it's either between the handbags or the grill. everybody is saying the bags. >> okay, we're going to go with the bags. ( cheers and applause ) >> drew: they all said the computer stuff is the least expensive thing. let's find out, amber what do you think? only $2,228. rachel
second, diane von furstenberg, michael kors and kate spade are all great designers to have in your closet and with this six- piece leather accessories package you can have them all. we've included four wallets, one off-white handbag with side pockets and another bag in hot pink. and finally, this luxury-q outdoor barbecue island from bull features a stainless steel four-burner grill, refrigerator and umbrella as well as a stucco rock base and two-tone tile counter top. from bull outdoor...
158
158
Sep 15, 2012
09/12
by
KNTV
tv
eye 158
favorite 0
quote 0
. ♪ michael kors. kors is almost too sexy for itself. the next fashionista on our catwalk, it's gap. ♪ >> phenomenal. how about nordstrom's. fourth, we've got urban outfitters. ♪ and our final fashionista, lululemon. ♪ [ laughter ] >> loved it, right? loved it. the crisp northern air of acadia, the falling leaves. the perfect inspiration for air wick's fall collection. when i smell that, i know fall is in the air. the fall collection from air wick and the national park foundation. something in the air wick. have you heard for the 408 and 669 area codes? no, what is it? starting october 20, 2012, if you have a 408 or 669 number, you'll need to dial 1 plus the area code plus the phone number for all calls. o.k., but what if i have an 408 number and i'm calling a 408 number? you'll still need to dial 1 plus the area code plus the phone number. so when in doubt, dial it out! >>> back to school season is very much upon us. that means before we answer your tweets and e-mails, you got to do some homework. so let's get at it. here is what
. ♪ michael kors. kors is almost too sexy for itself. the next fashionista on our catwalk, it's gap. ♪ >> phenomenal. how about nordstrom's. fourth, we've got urban outfitters. ♪ and our final fashionista, lululemon. ♪ [ laughter ] >> loved it, right? loved it. the crisp northern air of acadia, the falling leaves. the perfect inspiration for air wick's fall collection. when i smell that, i know fall is in the air. the fall collection from air wick and the national park...
146
146
Sep 21, 2012
09/12
by
FBC
tv
eye 146
favorite 0
quote 0
and now next up, seven early movers, designer michael kors raised the profit guidance. up 3 points. western asset mortgage capital more than doubled its quarterly dividends and those are shares up up nearly 2 points at 23 bucks. and software maker, took in less than expected and trading is up to almost $31 and amgen says the fda approved a new use for the bone building drug, and that stock is down. nearly 82 bucks and profit up 12% at uniform rental company cintas. and that is trading 41.29. and now, mcdonald's is not the only company raising dividend. health care company providian is, too, and it's trading prakzally, covidien. and oracle stock up, revenue slipped. oracle shares though are up by about a poent. and now they've got week three in the nfl kickoff and the players want a regular referees back, but the scabs are still on the field. why? it's all about pensions. that's next. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. whic
and now next up, seven early movers, designer michael kors raised the profit guidance. up 3 points. western asset mortgage capital more than doubled its quarterly dividends and those are shares up up nearly 2 points at 23 bucks. and software maker, took in less than expected and trading is up to almost $31 and amgen says the fda approved a new use for the bone building drug, and that stock is down. nearly 82 bucks and profit up 12% at uniform rental company cintas. and that is trading 41.29....
283
283
Sep 21, 2012
09/12
by
CNBC
tv
eye 283
favorite 0
quote 2
. >> let's talk about michael chorus. the company says it will earn more than it originally thought in the second quarter. kors also saying its quarter to date comp store sales rose about 45%. if you pull back the curtain as to where they're seeing the most growth, it is 50%. same-store sales, 4.5% in america, 16% in japan. so they are seeing growth in europe, despite what the likes of a burberry are telling us. >> i feel like i cannot stress hard enough, burberry is a screw up. they got the wrong merchandise and the wrong price. in the end, retail is having an eye, having control of inventory. kors seems to be toemthly in control of inventory and they have a great eye. pbh, same thing. vf corp., eric wiseman talking, europe, a positive. you have the right merchandise, it seems to trump anything. pbh is saying one of the reasons things are so strong are europe, eastern european travelers, that's code word for russia and asian travelers, they go to europe and it's a big deal to buy kors. they don't just go there and knock
. >> let's talk about michael chorus. the company says it will earn more than it originally thought in the second quarter. kors also saying its quarter to date comp store sales rose about 45%. if you pull back the curtain as to where they're seeing the most growth, it is 50%. same-store sales, 4.5% in america, 16% in japan. so they are seeing growth in europe, despite what the likes of a burberry are telling us. >> i feel like i cannot stress hard enough, burberry is a screw up....
301
301
Sep 13, 2012
09/12
by
MSNBCW
tv
eye 301
favorite 0
quote 0
joining me now is michael tomaski, special kor spoon dend for newsweek and the daily beast. he's writing today about mitt romney's total neocon melt down. thanks for coming on the show tonight. >> my pleasure, al. >> you talk extensively about the romney connection to the bush foreign policy in your column. why is romney doubling down on it? >> he's doubling down because he's as joan said in the previous statement, he probably doesn't have anywhere else to go, he has some pathological need that goes beyond the strategy and needs some approval in a strange way. i don't know what he actually believes. he needs nothing but needs the approval of this group and feels that he needs the support of this group to get to the white house. the scary thing about it, for all of us and not just for democrats and lib brals but for all americans and tlash vote is, as your setup said, a return to those kinds of foreign policy, to that kind of bellacose, you are with us or against us foreign policy that created all of this trouble in the first place. so many of his advisers, al, as you know, a
joining me now is michael tomaski, special kor spoon dend for newsweek and the daily beast. he's writing today about mitt romney's total neocon melt down. thanks for coming on the show tonight. >> my pleasure, al. >> you talk extensively about the romney connection to the bush foreign policy in your column. why is romney doubling down on it? >> he's doubling down because he's as joan said in the previous statement, he probably doesn't have anywhere else to go, he has some...
1,182
1.2K
Sep 28, 2012
09/12
by
WRC
tv
eye 1,182
favorite 0
quote 0
jonathan: get a stylish new look with this michael kors pink leather tote featuring a removable shoulder strap and gold tone hardware. the purse is worth $348. wayne: but you know there's also something inside. there's a hidden something inside that purse. do you want it? (audience yelling suggestions) - i'm going to keep my money. wayne: okay. do you want it for 50 bucks? - i sure do! wayne: well, it's yours, plus what's inside, remember i said it could be a zonk. - that's right. wayne: yeah. but it isn't, it's a weekend getaway. (cheers and applause) jonathan: a limo will whisk you away for a three-night stay at the nautical chic portofino hotel and marina in sunny southern california. your ocean premier room offers sun-drenched views of the harbor by day and enchanting moon-lit water vistas by night. daily breakfast at the award winning baleen kitchen are included, making this deal worth $2,998. (cheers and applause) wayne: so it's pretty much a one-person auction. so we really-- do you even want to play the music? just go with a different version of the music, i guess. is the one per
jonathan: get a stylish new look with this michael kors pink leather tote featuring a removable shoulder strap and gold tone hardware. the purse is worth $348. wayne: but you know there's also something inside. there's a hidden something inside that purse. do you want it? (audience yelling suggestions) - i'm going to keep my money. wayne: okay. do you want it for 50 bucks? - i sure do! wayne: well, it's yours, plus what's inside, remember i said it could be a zonk. - that's right. wayne: yeah....